Barclays Says CEO Jenkins To Depart In Board Decision

Wed, 08th Jul 2015 06:06

LONDON (Alliance News) - Barclays PLC Wednesday said Chief Executive Antony Jenkins is leaving the banking group, with John McFarlane, the newly appointed chairman, to act in an executive capacity until a successor is found.

According to the statement, the board decided that Jenkins had to go.

"Whilst it is unfortunate that I have had little time to work with Antony, I respect and endorse the position of the board in deciding that a change in leadership is required at this time," McFarlane said in a statement.

By Samuel Agini; samagini@alliancenews.com; @samuelagini

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